Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) It is a condition of a licence that the licence holder inform the Regulator if he or she:
(a) becomes aware of additional information as to any risks to the health and safety of people, or to the environment, associated with the dealings authorised by the licence; or
(b) becomes aware of any contraventions of the licence by a person covered by the licence; or
(c) becomes aware of any unintended effects of the dealings authorised by the licence.
(2) For the purposes of subsection (1):
(a) the licence holder is taken to have become aware of additional information of a kind mentioned in subsection (1) if he or she was reckless as to whether such information existed; and
(b) the licence holder is taken to have become aware of contraventions, or unintended effects, of a kind mentioned in subsection (1) if he or she was reckless as to whether such contraventions had occurred, or such unintended effects existed.